ME News reports that on December 23 (UTC+8), according to comprehensive disclosures from BBX cryptocurrency concept stocks, the actions of listed companies in the Bitcoin space yesterday showed clear stratification: on one hand, top holders continue to consolidate large BTC reserves; on the other hand, small and medium-sized companies are steadily executing their increase plans and reserving space for future allocations through financing.
Bitcoin Holdings Dynamics
-Trump Media & Technology Group (NASDAQ: DJT) has invested approximately $13.44 million to increase its holdings by 150 BTC. Its total Bitcoin holdings have now risen to 11,241.
-Vanadi Coffee (BME: VANA) recently increased its holdings by 32 BTC. After the increase, its Bitcoin holdings rose to 161, continuing its steady Bitcoin allocation strategy.
Financing and potential purchase plans
- Metador Technologies (OTCMKTS: MATAF) has signed a revised financing agreement with ATW Partners to obtain up to $100 million in secured convertible note financing. The first tranche of $10.5 million will be used to purchase Bitcoin, providing underlying asset support for its Bitcoin financial products and related businesses.
Market perspective
The dynamic display disclosed yesterday shows that Bitcoin is evolving from a 'phased asset allocation' to a structural component in the balance sheets of some listed companies, with the continuity and specialization of institutional participation still on the rise. (Source: ME)
